The ten costliest hurricanes in U.S. historical past, even when injury estimates are adjusted for inflation, all occurred up to now 30 years. All however two of them struck within the 21st century.
The storms hit Florida (6), Louisiana (four) and Texas (2), in addition to Alabama, Mississippi, New Jersey, North Carolina and South Carolina (1 every). A lot of the massive ones struck multiple coastal state.
However it’s not simply coastal states the place prices mount. As soon as a hurricane comes ashore and weakens, minimize off from the nice and cozy seawater that fuels it, it nonetheless carries immense quantities of moisture. Because it strikes tons of of miles inland and breaks up, it continues to dump that moisture within the type of phenomenal rain that floods creeks and rivers, inflicting much more injury.
We based mostly this report on Nationwide Oceanic and Atmospheric Administration publications, mainly:
The prices are estimates, to make certain, based mostly largely on property insurance coverage figures and, after 1995, together with flood insurance coverage figures. We have now adjusted the prices 2017 dollars, based mostly on the Shopper Worth Index. No financial estimates can be found earlier than 1900.
It is going to be years earlier than the prices of 2017 hurricanes similar to Harvey and Irma are calculated.